Gregory Englesbe – What You Need to Know When Applying for a Mortgage

When shopping for a mortgage with a company like the one that Gregory Englesbe runs, a lot of people only pay attention to the interest rate. This is similar to trying to buy a car for the lowest amount of money and not paying attention to the car’s age, make, model, or condition. While you can find something that is going to be really cheap, it’s probably not going to be very good.

It works in the same way with mortgages. Just like with cars, there are a lot of factors that go into what determines the interest rate. One of the complicated things about mortgages is that the value of every mortgage has at least four parts. The first part is the interest rate. Fixed-rate mortgages have interest rates that do not change after you get your mortgage. Adjustable-rate mortgages have rates that are preset for a certain period of time, usually between one and ten years, and then change periodically.

Gregory Englesbe

The second part of every mortgage is the upfront charge that is usually a percentage of a loan amount. These charges are related to interest rates. The more you can pay upfront, the lower interest rate you can get. The third part is the origination fee. Fundamentally, this fee is just another upfront charge.

Finally, the fourth part consists of the third-party fees.
Gregory Englesbe is a member of the MBNA and PMBA, and is currently the CEO of E Mortgage Management.

Gregory Englesbe – Knowledge of the Mortgage Industry

Gregory Englesbe graduated from Rider University and began working in the mortgage industry. Little did he know that this industry was to be the center point of his future career. He has gradually built up an extensive knowledge of all things related to mortgage banking. In 2003, he used his knowledge and business instincts to found E Mortgage Management LLC, a mortgage banking company that now utilizes his key skills in the position of CEO. He enjoys his current job.

Gregory Englesbe (3)
Becoming involved in all aspects of his mortgage banking company has been an important step in the transition from manager to CEO. His knowledge of similar mortgage companies has helped him in arranging infrastructure and ensuring that all work is done to a high standard. Previous experience with hiring personnel, managing marketing and sales, and learning about different departments has helped him to keep everyone within the company motivated and on task. As CEO, he also has to look forward to plan for the company’s future. His experiences of expanding company licensing to many states has proved useful in this outlook.

Gregory Englesbe has a large skillset within the mortgage industry, which he is now able to utilize in a more abstract sense in his position as CEO and founder. In his spare hours, he enjoys spending time with his family. He believes that they allow him to keep perspective in his work and personal life, and he is constantly evolving his vision for the company as a result of this perspective.